Plan Ledger DOL Form 5500 · updated monthly

McKinley Children's Center403(b)

MCKINLEY 403(B) PLAN · SAN DIMAS, CA · plan year 2024

Reported admin expense ratio · 2024
0.69%

Peer grade: D · admin costs + employer contributions vs same-size plans · how grading works

McKinley Children's Center reported $84,534 in plan administrative expenses for 2024: 0.69% of average plan assets, higher than ~90% of peers. Employer contributions averaged $850 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio rose from 0.64% to 0.69%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in California (4,867th of 9,483), and the 1,449th of 3,341 in other services. In 2024, employees put in $3.22 for every $1.00 the employer contributed; active participation has grown from 300 to 497 since 2022.

Plan summary
Net assets, end of year$12,515,366
Participants with balances556
Active participants497
Employer contributions$422,326
Employee contributions$1,360,847
Employer contribution per active participant$850
Average account balance$22,510
Benefits paid to participants$3,025,068
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$12.5M · 556 accts · $422K emplr
2023$12.0M · 397 accts · $273K emplr
2022$10.0M · 397 accts · $287K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$84,534
Total administrative$84,534
Employer contributions to the McKinley Children's Center plan · 2024
Employer contribution per active participant$850
Median for plans this size$2,416
2024$850 per active participant
2023$622 per active participant
2022$955 per active participant

McKinley Children's Center's 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20244
MONARCH CORPORATE ADVISORS, INC. · Investment advisory (plan)$25,739
TRUOG-RYDING COMPANY · Contract administrator$19,216
ADVISED ADVISORY GROUP · Investment management$5,739

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$84,534 · 0.69%
2023$67,442 · 0.61%
2022$70,103 · 0.64%
Same employer
Similar plansOther Services · California
M.C. LLC CA$12.6M · 0.15%
Coit Services, Inc. CA$12.5M · 0.70%
Civicactions, Inc. CA$12.3M · 0.06%
Abilitypath CA$12.1M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 952016696 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.